Media reports that Twitter is preparing to integrate crypto payments

Twitter expects regulatory approval to implement payments in the near term, including cryptocurrencies. The Financial Times reports this.

According to the report, the social platform has filed for a licence and is developing the corresponding software. The initiative is part of Elon Musk’s plan to turn Twitter into a ‘super app’.

Initially, the payments option will target fiat currencies, but it will include the possibility of integrating digital assets.

In November 2022, Musk closed the purchase of Twitter for $44 billion.

Subsequently, the billionaire shared slides of a platform update, which included the option for payments in cryptocurrencies.